NK Fib Setup 6-19-17NK flying through the 200 MA in the last few days, has reached the top of its symmetric trend. If it proves divergent it may run up to the 9.00 area.
Algorithmic
GBPAUD Short PositionThis is a quick short position with only 2 price targets - the 1st target has already been hit and the 2nd should hit during the open or asian session.
Based on our algo and time - this is a very weak position with only 41 pips of potential profit.
Entry Level - 1.6127
1st Target - 1.6000
2nd Target - 1.6088